It’s Burnley v Newcastle on Monday night and you don’t want to miss this Power Up offer from Paddy Power. Simply bet £10.00 or more on Burnley v Newcastle at odds of 1.50 (1/2) or greater and Paddy Power will give us a Power Up to use on any sport. Translated into matched betting terms, this gives us a guaranteed profit of £9.60 and here’s how…
Key Terms:
- Minimum stake of £10.00.
- Qualifying bet must be placed at odds of 1.50 (1/2) or greater.
- Qualifying bets must be placed after 17:00 on Thursday 22nd November 2018.
- Maximum stake for Power Up is £100.00.
Qualifying Bet:
If you’re unsure about how to place qualifying bets, check out my Qualifying Bet Strategy page for a walk-through guide on how they should be done.
It’s entirely up to you what you place your qualifying bet on. Having looked at the odds available, we could place our qualifying bet on Newcastle to win (17/10).
We can calculate our lay stakes using my matched betting calculator.
Outcomes:
Let’s have a look at our potential profit/loss for the possible outcomes…
Newcastle win | + £17.00 – £17.40 = £0.40 loss |
Newcastle don’t win | – £10.00 + £9.60 = £0.40 loss |
So, we stand to lose £0.40 in qualifying for our Power Up.
Power Up
Our Power Up will be credited within 2 hours of the match ending and will be valid for 48 hours. The maximum stake when using the Power Up is £100.00.
We just need to find some close back and lay odds and select the Power Up once our selection has been added to our betslip.
The boosted odds should give us an arb and hopefully a nice profit of around £10.00. If we take our qualifying loss of £0.40 into account, this gives us a guaranteed profit of £9.60 on this Paddy Power offer.
* Newcastle won the match 2-1, resulting in a profit of £9.60 on this Paddy Power offer. *
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £70,000 worth of profit, and made it my mission to make matched betting accessible to everyone.